Published On: January 8th, 2025Categories: Trade Ideas
In this flash report, we focus our attention on Tencent, which was recently added to the US Department of Defense’s 1260H list of Chinese military companies, further escalating US-China tensions. The move triggered market jitters, yet it poses no immediate threat to the company’s operations. Tencent maintain a rock solid balance sheet and for credit investors focused on fundamentals, this may present an opportunity to capitalize on any market corrections.e.
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